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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,781 | $95,406-62.5% | $185,849-80.7% | $85,847-58.3% |
| Participation rate | 60.7% | 68.8%-8.1pp | 81.7%-21.1pp | 69.3%-8.7pp |
| Annual return | 17.21% | 23.59%-6.4pp | 122.10%-104.9pp | 318.61%-301.4pp |
| Employer contribution / active EE | $0 | $3,314-100.0% | $5,169-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $4,642 | $3,424+35.6% | $5,569-16.6% | $3,952+17.5% |
| Admin fee / account holder | $295 | $7,214-95.9% | $16,244-98.2% | $6,261-95.3% |